AVIV vs. HEFA ETF Comparison

Comparison of Avantis International Large Cap Value ETF (AVIV) to iShares Currency Hedged MSCI EAFE ETF (HEFA)

AVIV

Avantis International Large Cap Value ETF

AVIV Description

AVIV actively invests in equity securities from developed market companies outside the US, reaching across different market sectors and industry groups, with a focus on companies trading at lower prices relative to their book value ratios and other financial metrics. The fund emphasises high profitability and value companies, which are identified by looking at reported and estimated company financials, market data, and other fundamental data like cash flows, revenues, and shares outstanding. The portfolio managers may also consider other factors when selecting the securities for the fund, such as historical performance of the share, liquidity, and tax, governance, or cost considerations. Market and financial data analysis is utilized on a continuous basis to make buy, sell, and hold decisions.

Grade (RS Rating)

Last Trade

$53.33

Average Daily Volume

41,981

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HEFA

iShares Currency Hedged MSCI EAFE ETF

HEFA Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. The fund seeks to track the investment results of the MSCI EAFEÂ® 100% Hedged to USD Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI") as an equity benchmark for its international stock performance with the currency risk of the securities included in the underlying index hedged against the U.S. dollar on a monthly basis. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.15

Average Daily Volume

742,117

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVIV	HEFA
30 Days	-1.08%	0.14%
60 Days	-3.78%	0.43%
90 Days	-3.60%	0.23%
12 Months	12.67%	16.99%

1 Overlapping Holdings

	Symbol	Grade	Weight in AVIV	Weight in HEFA	Overlap
	NOK	D	0.02%	0.0%	0.0%

AVIV Overweight 38 Positions Relative to HEFA

Symbol	Grade	Weight
NVS	D	1.88%
BHP	F	1.48%
HSBC	B	1.38%
TM	D	1.33%
TTE	F	1.2%
BP	D	1.02%
BBVA	F	0.99%
TD	F	0.73%
BCS	C	0.64%
SMFG	B	0.61%
GSK	F	0.61%
LYG	F	0.58%
E	F	0.56%
NWG	C	0.53%
VOD	F	0.51%
ORAN	F	0.49%
STLA	F	0.46%
HMC	F	0.43%
NVO	D	0.39%
ING	F	0.31%
STM	F	0.29%
CNI	D	0.29%
EQNR	D	0.26%
MFG	B	0.26%
IX	F	0.24%
AER	B	0.21%
PHG	D	0.2%
LOGI	D	0.17%
AGCO	D	0.14%
CCEP	C	0.12%
ERIC	B	0.08%
TS	B	0.06%
MT	B	0.05%
WDS	D	0.04%
CUK	B	0.04%
DOOO	F	0.01%
FUTU	D	0.01%
AZN	D	0.0%

AVIV Underweight 3 Positions Relative to HEFA

Symbol	Grade	Weight
EFA	F	-97.79%
SGD	F	-0.0%
HKD	F	-0.0%